Wed, Mar 4, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Agriculture, Energy more

Tough times ahead for the biodiesel sector

Posted on 12 March 2012

Reporting a drop in earnings at its agricultural products division, a relatively small part of its business, the commodity trading giant noted it was seeing a “negative biodiesel production margin environment in Europe.”
In response, the company said it last year cut its biodiesel production volumes by 32pc against 2011 and mothballed its Schwarzheide plant in Germany. “The outlook in Europe remains challenging,” was the less than cheery conclusion………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 39496 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
March 2015
S M T W T F S
« Feb    
1234567
891011121314
15161718192021
22232425262728
293031